Back 16/39 Lawrence Street
Off Market

16/39 Lawrence Street

Launceston TAS 7250

2
1
1
Unit
Last sold for $410,000
Courtney WalkerCourtney Walker, last sold this property on 17 March 2026 after 6 days on market.

Overview

***UNDER OFFER*** Set-and-Forget Investment in an Unbeatable Location

Positioned in a quiet, well-maintained complex just moments from the heart of the city, this solid two-bedroom townhouse presents a fantastic opportunity for investors seeking a truly "set and forget" addition to their portfolio. Currently leased at $450 per week with a secure tenancy in place until 1st February 2027, the property offers immediate rental income and long-term stability. Spanning two levels, the home features a practical two-bedroom, one-bathroom layout, with comfortable living spaces and a private courtyard-perfect for low-maintenance living. Off-street parking adds further convenience for residents. The location is a standout. Just a short stroll to the beautiful City Park and only minutes from the Launceston CBD, the property places cafes, restaurants, shops and everyday amenities right at your doorstep. Whether you're expanding your investment portfolio or looking for a low-maintenance property in a blue-chip inner-city pocket, this townhouse delivers strong rental appeal, convenience and long-term potential. Key features: Currently rented for $450 per week Lease in place until 1st February 2027 Strata: $522.45 approx. per quater Council rates: $1,558.82 approx. per annum Private courtyard for easy outdoor living Off-street parking Quiet complex in a highly convenient location Moments from City Park and the Launceston CBD Ideal low-maintenance investment opportunity The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Launceston over the last 12 months, the estimated median property value of 16/39 Lawrence Street is $411k.

Median value
$411k
Estimated value range
$400k - $656k
Median days on market
27
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Launceston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16/39 Lawrence Street

2026
Sold
$410,000
17 Mar 2026 by Courtney Walker, of Harrison Agents Launceston
2026
Rented
Undisclosed
Leased on 12 Jan 2026 by Harrison Agents Launceston
2023
Rented
Undisclosed
Leased on 22 Nov 2023 by Harrison Agents Launceston

Happy sellers in Launceston

88%
88% of sellers in Launceston reported that their sale price either exceeded or met their price expectations.

Launceston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Launceston over the last 12 months.

Local market activity for 2 bedroom units in Launceston

In the last 12 months, 6 two-bedroom units similar to 16/39 Lawrence Street, have been sold.

This represents a 133% decrease in two-bedroom units sales when compared to the previous 12 months.

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